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RES 1981-47 - 00006208m Is ale RESOLUTION NO. 47 - 1981 A RESOLUTION DEFERRING SPECIAL ASSESSMENT PAYMENTS FOR SENIOR CITIZENS WHEREAS, Minnesota Statutes authorize cities to defer special assessment payments for certain senior citizens, and WHEREAS, said deferment of assessments may be permitted 4t;.the discretion of the City Council, and WHEREAS, the City Council of the City of Fridley finds and determines that deferral of special assessments for certain senior citizens is in the public ' interest, and WHEREAS, it is necessary and proper that the City Council set forth its general policies and guidelines for granting said deferrals of special assessments for senior citizens, NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley does endorse the principle of deferment of special assessments for senior citizens where the payment of said special assessments constitute a hardship. BE IT FURTHER RESOLVED, that the City Council's policy and procedures for granting said senior citizen special assessment deferments shall be based upon the following factors: 1. The property must be homestead property. 2. The owner must be at least 65 years of age or older, and in the case of husband and wife, one member must meet this age requirement. 3. The owner will make application for deferred payments on forms prescribed by the Anoka County Auditor and will make application to the City of Fridley on forms provided by the City. 4. The application for said deferral must be made within the first thrity (30) days after the final assessment rolls are approved by the City ' Council. This time limit may be waived upon showing of extreme hardship. 5. The City Council will consider each application on an individual basis; however, the Council's general policy is to grant senior citizen hardship special assessement deferrals when the annual payment for the special assessment exceeds two percent (2%) of the adjusted gross income of the owner as determined by the most recent Federal income tax. 6. The deferral will be terminated when any of the following happen: a. The death of the owner, provided that the surviving spouse is not otherwise eligible for the benefits. b. The sale, transfer, or subdivision of the property or any part thereof. C. Loss of homestead status. d. The City Council determines that further deferments are not in the public interest. 7. The City Clerk has the responsibility and authority to administer and interpret this Resolution within the guidelines set forth herein. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 6TH DAY OF ' APRIL, 1981. MAYOR - WTI�VIAM J. NEE ATTEST: CIT�C - SIDNEY C. INMAN 1285A/0091A